[JackFr]

When money is cheap it makes sense to invest in low ROI ideas. When monety stops being cheap it makes sense to stop.

[3-cheese-sundae]

But money is still cheap, at least in the US. The US inflation rate was 6.5% at the end of 2022, and the interest rate was 4.5%. It's just not as cheap.

[iLemming]

The inflation rate in 2020 was 1.4. And MSFT is laying off less than 5% of its workforce.